Credit Suisse plans two-year 0% Bares on iShares DJ U.S. Real Estate

By Susanna Moon

Chicago, Nov. 10 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Nov. 19, 2012 based on the iShares Dow Jones U.S. Real Estate index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to an underlying return cap of 40%. The exact percentage will be set at pricing.

Investors will receive par if the fund falls by up to 10.35% and will lose 1% for every 1% that it declines beyond 10.35%.

The notes (Cusip 22546EH80) will price on Nov. 12 and settle on Nov. 17.

Credit Suisse Securities (USA) LLC is the underwriter.

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